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Archive - Month: November 2020

Game Theory Question 4

4. In a multi-period chain store game with 30 cities, the payoffs of all players are just like described in class with a = 2 and b = 0:5. a) Suppose the local store in city 2 (counting from the end)...

Game Theory Question 2

2. Two players are engaged in a infinitely repeated game whose stage game is shown below. L R U 5,5 1,2 D 6,2 2,4 a) Find all feasible individually rational payoffs. b) Is payoff (5,5) possible in...

Question 1. Game Theory

Consider a “divide four objects game” in which player 1 proposes a division scheme ((4,0), (3,1), (2,2), (1,3) or (0,4)) and player 2 either accepts it or rejects. In the former case,...

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